Interim Report January–June 2002

Continued profitability and positive cash flow

• Group net sales for comparable units during the first half amounted to SEK 335 M (332). • The operating profit for comparable units improved to SEK 18 M (loss: 92), corresponding to an operating margin of 5.5% (–27.6). • Cash flow from operating activities amounted to SEK 9 M (–44). • Continued sales growth in the Video product area; up 34% compared with the year-earlier period. Axis AB, Emdalavägen 14, SE-223 69 LUND, Sweden. Telephone +46-46 272 18 00, Fax +46-46 13 61 30, info@axis.com, www.axis.com